Group overview
Good morning, Partner — both companies at a glance · Friday, 2 October 2026 · figures as of 10:30 AM
2 approvals need you — the other partner has already signed off.
PR-TS-26-0142 · AED 38,450 glass for TS-26-014 (M&G can temper on 5 Oct if approved today) and PR-MG-26-0031 · AED 22,600 of 12 mm float glass for the factory (stock is down to 9 sheets).
Cash safety line. LHP Technical Services falls below one month of overhead (AED 122,000) in December — lowest AED 62,543 in the week of 21 Dec — unless a new project is won by mid-November. See the 13-week forecast
Group cash
AED497,100
93,919 free after 30 days
Sept result
AED−16,600
TS +11,500 · M&G −28,100
M&G pre-launch
Receivables
AED310,708
External · after inter-company
2 overdue · 46,046
Payables
AED140,001
External · after inter-company
TS 125,301 + M&G 56,700 − IC 42,000
Headcount
38
TS 24 · M&G 14
22/24 TS present today
Approvals
12
TS 8 · M&G 4
2 waiting for you
TS
Open
LHP Technical Services
Fit-out contracting · 6 active projects · 24 staffCash today312,600
Free after 30 days30,019
September result+11,500
Approvals8
90%
of the cash is already committed until 1 Nov (salaries, rent, suppliers, subcontractors, VAT)
MG
Open
LHP Metals & Glass
Glass & metal factory · launch 1 Nov · 14 staffCash today184,500
Free after 30 days63,900
September result−28,100
Approvals4
65%
of the cash is committed until 1 Nov · partners’ capital injected Jul–Sep: AED 450,000
Monthly net result by company
April – September 2026 · AED · bars above the line are profit, below are lossLHP Technical ServicesLHP Metals & Glass (trading since August)
| Month | TS | M&G | Group |
|---|---|---|---|
| Apr | +6,500 | — | +6,500 |
| May | −36,500 | — | −36,500 |
| Jun | +23,500 | — | +23,500 |
| Jul | −26,000 | — | −26,000 |
| Aug | +35,400 | −41,200 | −5,800 |
| Sep | +11,500 | −28,100 | −16,600 |
| Total | +14,400 | −69,300 | −54,900 |
The group loss is the factory start-up, not the contracting business
TS made +11,500 in September. M&G’s AED 69,300 of start-up losses are covered by the partners’ AED 450,000 capital; after the 1 Nov launch it needs about AED 160,000 of sales a month to break even (September: 98,900).
Inter-company
Balance between the two companies
TSTechnical Services
MGMetals & Glass
AED42,000
TS owes M&G for SO-MG-26-017 (Al Noor partitions) · INV-MG-26-0031 · due 14 Oct, payment scheduled 12 Oct
Payable in TS books42,000
Receivable in M&G books42,000
Difference0
Reconciled today, 6:00 AM3 open orders · AED 87,650
Factory licence
Application IND-2026-044175/9
5 of 9 steps done
Next: Civil Defence fire-safety inspection on 8 Oct. Licence target 28 Oct · official launch 1 Nov — in 30 days.
- Municipality approval
- Civil Defence fire safety
- Environmental NOC
Pipeline vs order book
Is enough work coming in for both companies?
TSTechnical Services
Sales pipeline
Weighted sales pipelineAED905,230
Open · 13 deals2,385,200
Work in hand987,400
Won · last 30 days540,000
Needed by 15 Nov300,000
MGMetals & Glass
Sales orders
Orders in handAED129,800
From TS 49,200External 80,600Incoming 38,450
Incoming from TS38,450
Share from TS (incl. incoming)52%
Break-even / month≈ 160,000